The South African rand declined following the central bank’s decision to keep the interest rate
South Africa’s central bank paused rate cuts, maintaining the repo rate at 7.50%. This decision
South Africa’s consumer inflation remained at 3.2% year-on-year in February, with a month-on-month rise to
South Africa’s consumer inflation remained at 3.2% year-on-year in February. Month-on-month inflation rose to 0.9%.
The South African rand has strengthened due to a record gold price, reaching $3,018.66. Analysts
South Africa has reduced its debt relief package for Eskom by R20 billion, opting to
The South African rand strengthened against a weaker dollar amid global economic uncertainty and anticipation
On March 4, 2023, the South African rand weakened to 18.64 against the U.S. dollar
On March 3rd, the South African rand strengthened ahead of the PMI report for the
Malawi has lowered its economic growth forecast for 2025 to 3.2% due to rising inflation,